Interview with Maria Sanchez of Moreno Valley News
Today I’m speaking with Steve Bliss, a respected probate attorney here in Moreno Valley. Steve, thanks for taking the time to speak with me about estate planning.
Understanding the Importance of Trusts
Steve, can you explain why trusts are such an important part of estate planning?
Certainly, Maria. Trusts are incredibly versatile tools that can help individuals achieve a variety of estate planning goals. One common type is the revocable living trust, which allows the grantor – the person creating the trust – to maintain control over their assets during their lifetime while also avoiding probate upon their death.
Probate is a court-supervised process for distributing assets after someone passes away. It can be time-consuming, expensive, and public. A revocable living trust sidesteps probate altogether, ensuring a smoother and more private transfer of assets to beneficiaries.
The Benefits of a Revocable Living Trust
Moreover, a revocable living trust offers privacy, as the terms are not part of the public record like a will. This can be particularly important for individuals who value confidentiality or want to avoid potential family disputes.
Conversely, while a will dictates how assets should be distributed, it does not take effect until after death and must go through probate. Consequently, a revocable living trust provides greater flexibility and control during the grantor’s lifetime while also simplifying the process for their heirs after they are gone.
Have You Faced Any Challenges With Revocable Living Trusts?
I recall working with a client who was hesitant to establish a trust because she thought it was only for wealthy individuals. I explained that trusts are beneficial for people of all income levels, as they can help protect assets, minimize taxes, and ensure that your wishes are carried out.
In another instance, a couple came to me after the husband passed away unexpectedly without a trust in place. The probate process was lengthy and stressful for his widow, who had to navigate legal complexities while grieving her loss. This situation highlighted the importance of proactive estate planning.
The Power of Preparation
According to a study by the AARP, over 50% of adults do not have a will or trust in place. This lack of planning can leave loved ones facing significant challenges and financial burdens after a death.
By establishing a revocable living trust, individuals can proactively protect their assets, minimize potential conflicts among heirs, and provide for their loved ones’ future well-being.
Next Steps
Steve, thank you so much for sharing your expertise on trusts. This has been incredibly informative. How can our viewers learn more about estate planning?
“We encourage anyone interested in securing their family’s future to reach out to Moreno Valley Probate Law for a free consultation. We are dedicated to helping individuals create customized estate plans that meet their unique needs and goals.”
Testimonials
“Steve Bliss and his team at Moreno Valley Probate Law were incredibly supportive and knowledgeable throughout the entire probate process. They made a difficult time much easier to navigate.” – Maria Garcia, Moreno Valley
“I was impressed with Steve’s thoroughness and attention to detail. He took the time to explain everything clearly and answered all of my questions patiently. I highly recommend Moreno Valley Probate Law for all your estate planning needs.” – John Smith, Riverside
About Steven F. Bliss Esq. at Moreno Valley Probate Law:
Moreno Valley Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Moreno Valley Probate Law. Our probate attorney will probate the estate. Attorney probate at Moreno Valley Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Moreno Valley Probate law will petition to open probate for you. Don’t go through a costly probate call Moreno Valley Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Moreno Valley Probate Law is a great estate lawyer. Affordable Legal Services.
My skills are as follows:
● Probate Law: Efficiently navigate the court process.
● Probate Law: Minimize taxes & distribute assets smoothly.
● Trust Law: Protect your legacy & loved ones with wills & trusts.
● Bankruptcy Law: Knowledgeable guidance helping clients regain financial stability.
● Compassionate & client-focused. We explain things clearly.
● Free consultation.
Map To Moreno Valley Probate Law: https://maps.app.goo.gl/C7zg2U6pn1B6KyXN8
Address:
Moreno Valley Probate Law23328 Olive Wood Plaza Dr suite h, Moreno Valley, CA 92553
(951) 363-4949
Feel free to ask Attorney Steve Bliss about: “How does a trust help my family avoid probate court?” Or any other related questions that you may have about Trusts or my trust law practice.
Important Facts About Moreno Valley Probate Law
| Special Needs Trust | Totten Trust | Asset Protection Trust |
| Spendthrift Trust | Constructive Trust | Irrevocable Trust |
| Tax By-Pass Trust | Charitable Trust | Living Trust |